Stock market

Here’s how ANZ performed in 1Q FY21

February 18, 2021 09:45 AM AEDT| By Team Kalkine Media

On 18 February 2021, Australia and New Zealand Banking Group Limited (ASX:ANZ) released its trading update for the first quarter ended 31 December 2020. The bank posted a net profit after tax of $1.62 billion and a cash profit from unaudited operat.....

South 32 bid to extend the coal project stalled by NSW Commission

February 05, 2021 06:09 PM AEDT| By Team Kalkine Media

The New South Wales Independent Planning Commission (IPC) has blocked the application for extension of the life of Dendrobium coal mine in Wollongong. The mine is operated by diversified mineral explorer South32 Limited (ASX:S32). The IPC rejected.....

Little Green Pharma (ASX:LGP) ships first order to Germany

February 05, 2021 05:52 PM AEDT| By Kunal Sawhney

Little Green Pharma Ltd (ASX:LGP) has dispatched its first commercial shipment of cannabis flower medicines. The shipment was exported to a German cannabis firm named Deutsche Medizinalcannabis GmbH. Source: LGP Presentation, 22 July 2020 ....

How are Hybrid Engines and Scarcity Fuelling the Palladium Rally?

February 04, 2021 09:12 AM AEDT| By Team Kalkine Media

Palladium has become one of the most valuable precious metals, thanks to the global drive towards clean energy and an unprecedented pace adopted by global economies towards meeting emission-reduction goals in line with the Paris Accord. Image Sour...

Vection Technologies (ASX:VR1) Collaborates With HP To Deliver VR Integrated Solutions

February 02, 2021 01:21 PM AEDT| By Kunal Sawhney

Vection Technologies Ltd (ASX:VR1) has announced the signing of an Original Equipment Manufacturer (OEM) agreement with California-headquartered global tech firm HP Inc (HP). Vection Technologies Ltd is a multi-national real-time software company......

How did Melvin Capital end up blowing $3.75 Billion?

January 29, 2021 01:43 PM AEDT| By Team Kalkine Media

There’s a company called GameStop which had made a fortune selling video games from its physical stores in the 2000s. However, this is not 2000s and the physical games business has been completely overshadowed by digital space. Considering t.....

NBA star Shaquille O'Neal sends PointsBet shares on the rise

January 25, 2021 02:11 PM AEDT| By Team Kalkine Media

PointsBet Holdings Limited (ASX:PBH) today morning released a pleasing update on the ASX, informing the investors that the company has appointed a new brand ambassador. After the announcement, PointsBet share price surged higher as investors starte.....

Contact Energy's (NZX:CEN) December 2020 results show company sailing through hard times

January 21, 2021 12:39 PM AEDT| By Team Kalkine Media

Contact Energy Limited (NZX:CEN, ASX:CEN) , the 2nd largest energy company in NZ, has been resilient through the coronavirus lockdown. The second half of FY20 has been in line with expectations despite COVID-19 impact, after a challenging first half...

Michael Hill (ASX:MHJ) shares light up on rosy trading update

January 15, 2021 02:36 PM AEDT| By Kunal Sawhney

Michael Hill International Limited (ASX:MHJ, NZX:MHJ) released its second quarter business update for the period ending 27 December 2020. The company delivered strong performance during the period resulting in material profit growth. The company a.....

Laybuy Holdings’ (ASX:LBY) Quarterly Update Leaves Share Prices Soaring

January 14, 2021 05:55 PM AEDT| By Team Kalkine Media

Laybuy Holdings Ltd (ASX:LBY) announced their trading update for Q3 FY21 showing strong figures for the company's Gross Merchandise Value in the quarter. During the three months ending 31st December 2020, Laybuy achieved a Gross Merchandise Value o.....

Why Galan (ASX: GLN) acquired 80% stake in Greenbushes South Lithium project

January 14, 2021 10:11 AM AEDT| By Team Kalkine Media

Galan Lithium Ltd (ASX:GLN) on Thursday announced that it had entered into an agreement with Lithium Australia NL (ASX:LIT) to purchase an 80 per cent stake in the Greenbushes South Lithium project. Talison Lithium Pty Ltd owns and manages the Gre.....

Meet ASX’s only pure-play online luxury goods retailer

January 08, 2021 12:30 AM AEDT| By Team Kalkine Media

Cettire Limited (ASX:CTT) was listed on ASX around mid-December. It is a global online luxury goods retailer, operating through its website cettire.com. It sells shoes, bags, apparel, and accessories from over 1300 globally-leading luxury brands.&nbs...

Why is Kina Petroleum (ASX:KPE) making an exit from ASX and PNGX?

December 31, 2020 02:30 PM AEDT| By Team Kalkine Media

On 31 December 2020, Kina Petroleum Corporation (ASX:KPE) addressed an Extraordinary General Meeting to discuss the reason and the implications of its decision to delist from the ASX and PNGX. Kina Petroleum also discussed its plans for the buyback.....

Beach Energy (ASX:BPT) and Ironbark Participants Left Disappointed As First Well Comes Empty

December 30, 2020 03:22 PM AEDT| By Team Kalkine Media

The recent drilling results at Ironbark-1 exploration well has left the operator BP and associated partners Cue Energy, Beach Energy Limited (ASX:BPT), and New Zealand Oil & Gas (NZX:NZO) disappointed with the well showing no promising hydrocarbo...

GrowthOps’ (ASX:TGO) shares nosedive as it delists from ASX

December 30, 2020 02:35 PM AEDT| By Kunal Sawhney

On 30 December 2020, GrowthOps Limited (ASX:TGO) announced the delisting of its securities from the Australian Securities Exchange (ASX). The official quotation of the company’s securities will be suspended from trading after today’s cl.....

A Great Feat! Crown Resorts Limited (ASX:CWN) Opens Doors to Crown Towers Hotel

December 30, 2020 01:46 PM AEDT| By Team Kalkine Media

Australia's biggest gaming and entertainment group Crown Resorts Limited (ASX:CWN) has now opened its Sydney-based Crown Towers hotel to the public. The doors to the hotel have been unlocked after about 7 years of planning and construction. The lu.....

Which metals & mining stocks made investors strike gold in 2020?

December 29, 2020 05:57 PM AEDT| By Team Kalkine Media

The metals and mining sector is crucial to support the global economy due to which they remain in high demand during expansion phases. In Australia, the mining sector contributes around 10 per cent to the country's GDP and makes up more than half of...